Tencent Holdings Ltd.
(RDDT) starts trading on NYSE
Business
The stock opened at $47 and reached a high of $57.80. At Thursday’s peak, the company had a market cap of about ...
Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm
Business
(Bloomberg) — Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the latest in a ...
Baidu’s Ernie AI chatbot to power Samsung’s new Galaxy S24 smartphones
Technology
Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the ...
China Stock Selloff Worsens as Hong Kong Index Nears 19-Year Low
Business
(Bloomberg) — Chinese stocks in Hong Kong slumped toward their lowest level in almost two decades, as an absence of fresh economic ...
Alibaba was once a Wall Street darling. What’s next?
Business
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | ...
China’s potential new gaming rules will hit smaller developers more
Business
Mobile games in China range from League of Legends-like Honor of Kings to Source: Apple Inc. BEIJING — China’s proposed gaming rules ...
Huawei pushing its tech into EVs with cars, automaker partnerships
Business
Huawei on Tuesday confirmed it is working with at least four traditional automakers in China on developing new car brands. That followed ...
Alibaba Shock Move Casts Fresh Pall Over China Tech
Business
(Bloomberg) — The shocking decision by Alibaba Group Holding Ltd. to cancel the spinoff of its cloud division is offering a fresh ...
Alibaba Is Only Worth About Half of Tencent as Recovery Lags
Business
(Bloomberg) — Alibaba Group Holding Ltd.’s market value has slumped to only about half that of rival Tencent Holdings Ltd. as the ...
Tencent, Alibaba Earnings Hold Key to $44 Billion China Tech Run
Business
(Bloomberg) — Financial results from Tencent Holdings Ltd. and Alibaba Group Holding Ltd. will likely test the strength of a $44 billion ...
